Fannie Mae Online Offers

Fannie Mae has recently integrated an online portal where real estate agents submit their buyers' offers.  Offers on Fannie Mae owned REO's are no longer to be submitted to the listing agent; allowing for documentation purposes to avoid miss-communication to all parties.   Many agents have already submitted an offer for a buyer through this process to find they are spending a [...]

REO’s to HIT HARD!!!

So...Let’s think like a bank today.  What happens to the market when rates spike... it creates a sense of urgency to buy before the deal of the century is just a story and the lazy refi'ers get off their fence before there is no benefit. When rates go up who earns more interest on these [...]